Where can I find the quarterly financial reports on a property?

Where can I find the quarterly financial reports on a property?

The quarterly financial reports are published in the EasyProperties platform under the ‘Property Documents’ section.

When do quarterly financial reports start on a property?

These reports will only be published the quarter after a property has been transferred.

What is a Fair Value adjustment?

The Fair value adjustment represents the difference in the purchase price of our properties and the independent valuation of the market value of these properties. (The valuations are available of the platform under the ‘Property Documents’ section.) We also capitalize the costs directly attributable to bringing the property into our ownership.

What does EBITDA mean?

EBITDA stands for Earnings before Interest, Taxes, Depreciation and Amortisation. Basically the income based on the operations of the property asset.

Does a Fair Value Adjustment (FVA) form part of the calculation to determine a dividend payout?

No it doesn’t form part of the calculations for dividends, the FVA is removed when calculating dividends . This amount will only be realised when we sell the property and will be based on the final selling prices of the units.

What is EBITDA per share?

EBITDA divided by the number of shares that were issued. What is NAV per share? Net Asset value (assets less liabilities) divided by the number of shares that were issued.

For a more detailed explanation, watch our Education webinar on the Quarterly report here.